Compared to the rest of the Omaha market, the Underwood Avenue region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 11 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 36% of the office spaces in the Underwood Avenue are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 210 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1950 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Underwood Avenue occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.